
FxWirePro: XAU/USD to resume downtrend - Delta risk reversal suggests hedging downside costlier
Aug 25, 2015 09:14 am UTC| Technicals
We have obtained a position that would gain value for an increase in underlying price from 1089.15 levels to 1168 levels (this weeks top 1170), but for now delta risk reversal is shifted into red zone again with increased...

EUR/USD struggles to hold above 1.1600, decline till 1.1400 is possible
Aug 25, 2015 08:05 am UTC| Technicals
EUR/USD has made a high of 1.17129 yesterday and declined from that level. Short term trend is still weak as long as resistance 1.1620 holds. Any break above 1.1620 will take the pair to next level at 1.1720/1.1800...

Loonie struggles to close above 1.3300, targets 1.3150
Aug 25, 2015 07:24 am UTC| Technicals
USD/CAD is facing strong resistance around 1.32969 and struggling to close above that level. Any break above 1.3300 will take the pair to next target till 1.3370 (161.8% retracement of 1.3212 and 1.2950) On the...

Aug 25, 2015 07:22 am UTC| Technicals
Among G7 currency pool, Yen received a shot in the arm various global as well as domestic economic factors such as preliminary GDP numbers, Yuans devaluation and Feds overweighed interest rate manipulations. Global...

BTC/USD breaks major support $200, decline till $165 is possible
Aug 25, 2015 06:48 am UTC| Technicals Digital Currency
BTC/USD has broken major support $211 and declined till $192 from that level. Short term trend is bearish as long as resistance $220 holds. The minor resistance is around $220 and break above will take the pair to...

FxWirePro:AUD/JPY retreats from higher levels, good to sell on rallies
Aug 25, 2015 06:38 am UTC| Technicals
AUD/JPY has made a low of 81.89 yesterday and recovered till 86.83 (Kijun-Sen) today morning and started to retreat from that level. It is currently trading at 85.57. Overall trend is still bearish as long as kijun-Sen...
FxWirePro: GBP/USD rangebound, awaits European equities open
Aug 25, 2015 06:31 am UTC| Technicals
Sterling was firmer on Monday against the dollar, rose 0.3 percent to peak at 1.5804 Cable slightly weaker on the day, currently trades rangebound with days high at 1.5776 and a low of 1.5744 In the absence of a major...